It does not serve public interest nor protect investors to restrict inverse or leveraged ETFs. The cost and tax efficiency of these vehicles are some of the only ways the public can implement constructive hedging instruments akin to institutions. Even better: they are important liquidity providers and trade in the open marketplace vs. bilateral prime brokerage arrangements that unwind in a collateral way (i.e. Archegos). Taking this away would be a step backwards. Stop protecting the monopoly of primary broker-dealers.

Leveraged and inverse funds are used as a limited part of my portfolio but are an important strategy to help protect my investments. These funds should be available to all of the public, not just a privileged few.

It always seems that FINRA's only job is to help large institutions to keep their advantages over retail traders. You already make it disadvantages to trade options and futures. Now you want to add leveraged ETFs to that list. How about focusing on things that are really a problem such as the advantages given to market makers and dealers through paid order flow. It is clear that FINRA does not care about retail traders and investors through there lack of actions.

Why must I "demonstrate a high net worth"? What defines a high net worth? Why are you being so intentionally ambiguous with this qualification? Why would an investor of "high net worth" be better qualified to trade as a trader with less net worth?

What happened to the government's position of income equality?

RE: Restrictions on Leveraged and Inverse ETFs

I do not agree with FINRA's proposed limitations on restricting MY access to leveraged and inverse funds. I am not an accredited investor, but I spend a lot of time studying and learning about market behavior, which has provided me with great insight given my employment in the finance industry. I receive precautionary information from the funds and from my brokerage constantly.

I am opposed to the government restricting my rights to invest my money where I want to. I am aware that I could loose money or could gain money.I would like the opportunity to invest my money as I see fit.

My family and I ought to be able to choose the public investments that are right for us and should be available to all - not just the privileged. Furthermore, we shouldn't have to go through any special process before investing in public securities. We understand leveraged and inverse funds along with the risks but believe that theses are vital to protecting our investments.

Asset classes of any kind should not be restricted to average investors, giving the wealthy advantages and regular people a disadvantage.

Regulators should not tell the public what they can and cannot invest in for any public investment.

Leveraged & inverse funds are critical components in my personal investment strategies. I use many of them in my retirement and non-retirement accounts as part of both timed and non-timed, index building, asset allocation, alpha generation, beta moderation and hedging/risk reduction strategies.

The government including any person working for said government needs to stay out of our private or public trading decisions. Overstepping by making a test for low IQ people is not how you make people feel like they matter. I am the only one that can decide what I want to invest in.
Stop trying to control every person in the US.